What Is Retailing? Why Is Retailing an Essential Part of the Marketing

question 7

Essay

What is retailing? Why is retailing an essential part of the marketing channel?

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Definitions:

Capability

The ability or capacity to achieve something, often related to skills, resources, or technology.

Quantity Of Information

The amount of data or details contained in a message or document.

Validity

refers to the extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.

Assumptions And Conclusions

Preliminary ideas accepted without proof as a basis for reasoning, leading to final judgments or decisions.